Bitget Research: MANTA Airdrop Set to Begin, Popular Memecoins Emerge on Ethereum

In the past 24 hours, many new popular tokens and topics have emerged in the 6e362cb9-4225-46e3-b353-fc3cd497ef96, and perhaps they will be the next focus of the market.

In Summary:

1.Popular Tokens:

TROLL (Token) - TROLL was created in April 2023. The market hype around this memecoin began when Elon Musk changed his bio to "Chief Troll Officer." Since then, the token's price has seen a substantial increase. The 24-hour on-chain trading volume reached $24 million, doubling from last week's daily volume of $12 million. The number of transactions reached 7647, and the count of on-chain token holders rose from 2000 to 8706.

SMILEY (Token) - SMILEY, a memecoin featuring a smiley face avatar, has recently experienced a resurgence without fundamental improvements. Its 24-hour trading volume on DEXs was $16.8 million, including $3.3 million in MEV trading volume. The project has recently seen a rapid increase in its token price due to an influx of hot money.

ZUZALU (Token) - A memecoin capitalizing on a tweet from Vitalik Buterin. After its TGE in March, it briefly surged and then fell, followed by a period of inactivity. Two days ago, it experienced a sudden 40x increase in value within 24 hours and after a day's pullback surged again to a new high, mirroring TROLL's price movements. It has a 24-hour DEX trading volume of $8.02 million, with 4.11K transactions during the same period.

ligo (BRC-20 Token) - A BRC-20 token with the Bitcoin Layer 2 concept, Ligo was deployed on December 3, 2023. It experienced a sudden surge in minting activity yesterday. The token currently has over 12,000 holders, with 100% of the tokens minted out but 40% pending confirmation.

USDC (Token) - Stablecoin issuer Circle reported on January 15 that the supply of USDC decreased by approximately 44% in 2023, while the number of wallets holding at least $10 worth of USDC grew by 59%. Additionally, Circle CEO Jeremy Allaire stated in an interview at the World Economic Forum in Davos, Switzerland, that there is a "very good chance" for the U.S. to pass stablecoin legislation this year.

2.Popular NFTs:

Pudgy Penguins (NFT) - The Pudgy Penguins project is partnering with one of Asia's largest IPs, Old Master Q, to celebrate its 60th anniversary and welcome the Chinese Year of the Dragon. The floor price of the NFTs surpassed 14 ETH, with a daily increase of 23% and a 7-day increase of 30%.

3.Popular DApps:

Jupiter (DApp) - Meow, the co-founder of Jupiter, a Solana ecosystem trade aggregator, announced via Twitter that the protocol token JUP will be launched at 10 PM on January 31 (UTC+8). Before the launch of JUP, the team plans to test the new launch platform and complete the final version of the JUPITER whitepaper.

Memecoin/Memeland (DApp), MEME (Token) - Recently, the project launched a farming reward certification promotion, requiring users to hold at least 69 $MEME tokens in their wallets to pass the human verification test. This has resulted in numerous on-chain transfers, showing a strong community interest in claiming farming rewards.

Orbiter Finance (DApp) - On January 11, the cross-chain bridge project Orbiter Finance announced on X that it will launch its native token this year to thank its loyal community. The project will gradually unveil the tokenomics and distribution plan, ensuring a fair process. The O-Points program will play a crucial role in establishing airdrop rules.

StarryNift (DApp) - StarryNift is a co-creation metaverse platform where users can play, create, and socialize. The project aims to expand Metaverse Horizons through innovative and diverse use cases to accelerate the adoption of Web3. The project team announced its tokenomics last December and plans to issue its token.

Web3Go (DApp) - Web3Go, an AI-native digital asset management tool, and real-time data infrastructure project, has raised $4 million in a seed round in June 2023 led by Binance Labs, with participation from HashKey Capital. The new funds will be used to accelerate the development of its Data Intelligence Network (DIN) project. Web3Go was selected for the BinanceLabs MVB V incubation program in 2022.

QnA3 (DApp) - A Web3 knowledge-sharing platform based on AI, QnA3.AI has garnered widespread attention on the BNB Chain. The project has initiated a data mining mode, where users can join and use idle computing resources on their devices for tasks like data cleaning and scraping. Contributors of computing power are rewarded with points.

4.Twitter Hot Topics:

No data for this segment today due to anomalies in the data source.

5.Regional Trending Searches:

MANTA (Token) - Manta Network announced on social media that the Into the Blue airdrop will be available to claim starting on January 18. According to L2beat data, Manta Pacific's TVL has seen a 7-day increase of 11.21%, currently standing at approximately $841 million.

Main Body

Written by: Bitget Research

Data collection time: January 16, 10:30 AM

Data sources: Dune, DApps, Twitter, Google

Note:

1) New active users: Refers to wallet addresses that were newly created on the chain in the past 24 hours and had interactions on the chain.

2) Existing active users: Refers to wallet addresses that were created on the chain 24 hours ago and had interactions on the chain in the past 24 hours.

3) DApp daily activity (UAW: unique active wallets)

4) TGE (Token Generation Event)

5) In this report, the term "Entity" refers to both Contract Account (CA) and Ethereum Original Account (EOA), and is not a result of the aggregation of actual entity addresses.

1.BTC Profile - BRC-20

ligo (BRC-20 Token) - A BRC-20 token with the Bitcoin Layer 2 concept, Ligo was deployed on December 3, 2023. It experienced a sudden surge in minting activity yesterday. The token currently has over 12,000 holders, with 100% of the tokens minted out but 40% pending confirmation.

2.Blockchain Profile - ETH Chain

2.1 User Profile

2.1.1 Core Data

Total active users on ETH: 428,884

New active users on ETH: 94,704, with a daily increase of 27.24%

Existing active users on ETH: 334,180, with a daily increase of 28.40%

2.1.2 New User Profile

Core data: There were a total of 94,704 new active users on ETH yesterday, with a daily increase of 27.24%

Popular Sectors

Popular Projects

MEME (Token), Memecoin/Memeland (DApp) - Recently, the project launched a farming reward certification promotion, requiring users to hold at least 69 $MEME tokens in their wallets to pass the human verification test. This has resulted in numerous on-chain transfers, showing a strong community interest in claiming farming rewards.

2.1.3 Existing User Profile

Core data: The number of ETH active existing users is 334,180, with a daily increase of 28.40%

Popular Sectors

Popular Projects

USDC (Token) - Stablecoin issuer Circle reported on January 15 that the supply of USDC decreased by approximately 44% in 2023, while the number of wallets holding at least $10 worth of USDC grew by 59%. Additionally, Circle CEO Jeremy Allaire stated in an interview at the World Economic Forum in Davos, Switzerland, that there is a "very good chance" for the U.S. to pass stablecoin legislation this year.

2.2 Popular Trading Pairs

2.2.1 Uniswap V2

TROLL (Token) - TROLL was created in April 2023. The market hype around this memecoin began when Elon Musk changed his bio to "Chief Troll Officer." Since then, the token's price has seen a substantial increase. The 24-hour on-chain trading volume reached $24 million, doubling from last week's daily volume of $12 million. The number of transactions reached 7647, and the count of on-chain token holders rose from 2000 to 8706.

SMILEY (Token) - SMILEY, a memecoin featuring a smiley face avatar, has recently experienced a resurgence without fundamental improvements. Its 24-hour trading volume on DEXs was $16.8 million, including $3.3 million in MEV trading volume. The project has recently seen a rapid increase in its token price due to an influx of hot money.

ZUZALU (Token) - A memecoin capitalizing on a tweet from Vitalik Buterin. After its TGE in March, it briefly surged and then fell, followed by a period of inactivity. Two days ago, it experienced a sudden 40x increase in value within 24 hours and after a day's pullback surged again to a new high, mirroring TROLL's price movements. It has a 24-hour DEX trading volume of $8.02 million, with 4.11K transactions during the same period.

2.2.2 Uniswap V3

MEME and TROLL were described earlier in the report.

2.3 Popular NFTs

2.3.1 Top NFT Collections

Pudgy Penguins (NFT) - The Pudgy Penguins project is partnering with one of Asia's largest IPs, Old Master Q, to celebrate its 60th anniversary and welcome the Chinese Year of the Dragon. The floor price of the NFTs surpassed 14 ETH, with a daily increase of 23% and a 7-day increase of 30%.

3.Blockchain Profile - BSC

3.1 User Profile

3.1.1 Core Data

Total active users on BSC: 1,343,097

New active users on BSC: 193,838, with a daily increase of 5.86%

Existing active users on BSC: 1,149,259, with a daily increase of 10.41%

3.1.2 New User Profile

Core data: There were a total of 193,838 new active users on BSC yesterday, with a daily increase of 5.86%

Popular Sectors

Popular Projects

Web3Go (DApp) - Web3Go, an AI-native digital asset management tool, and real-time data infrastructure project, has raised $4 million in a seed round in June 2023 led by Binance Labs, with participation from HashKey Capital. The new funds will be used to accelerate the development of its Data Intelligence Network (DIN) project. Web3Go was selected for the BinanceLabs MVB V incubation program in 2022.

3.1.3 Existing User Profile

Core data: The number of BSC active existing users is 1,149,259, with a daily increase of 10.41%

Popular Sectors

Popular Projects

QnA3 (DApp) - A Web3 knowledge-sharing platform based on AI, QnA3.AI has garnered widespread attention on the BNB Chain. The project has initiated a data mining mode, where users can join and use idle computing resources on their devices for tasks like data cleaning and scraping. Contributors of computing power are rewarded with points.

3.2 Popular Trading Pairs

3.2.1 PancakeSwap V2

GROKCEO (Token) - A memecoin on the BSC, GROKCEO has shown significant trading activity with a 24-hour DEX trading volume of $947K and 4.7K on-chain transactions. Promoted on social media by Audrey Crypto, who has 542.3K followers on Twitter, GROKCEO featured on GeckoTerminal's list yesterday and currently has 3.88K holders.

4.Blockchain Profile - Polygon Chain

4.1 User Profile

4.1.1 Core Data

Total active users on Polygon: 600,953

New active users on Polygon: 120,163, with a daily increase of 53.05%

Existing active users on Polygon: 480,790, with a daily increase of 6.73%

4.1.2 New User Profile

Core data: There were a total of 120,163 new active users on Polygon yesterday, with a daily increase of 53.05%

Popular Sectors

Popular Projects

Smart Cats (NFT) - An NFT project launched by Smart Layer, which has very high on-chain popularity. Users can interact with Smart Cats NFTs by feeding, cleaning, and other activities. The NFTs have a very high level of interaction. Smart Layer's official "Airdrop Confirmed" announcement hints at an upcoming airdrop and TGE.

4.1.3 Existing User Profile

Core Data: The number of Polygon active existing users is 480,790, with a daily increase of 6.73%

Popular Sectors

Popular Projects

Laura (NFT) - The Laura Mint Contract ranked among the top 10 in terms of activity on Polygon yesterday. Currently, this NFT has 11,641 holders. While information about the project is not yet found on social media, it is present on platforms such as OpenSea and MagicEden. (https://opensea.io/collection/laura-19 , https://magiceden.io/collections/polygon/0x34ed414fc0dc106afde510071ae3138313ba5feb)

4.2 Popular Trading Pairs

4.2.1 Uniswap V3

No new popular tokens have emerged on the Polygon Chain.

5.Blockchain Profile - Arbitrum Chain

5.1 User Profile

5.1.1 Core Data

Total Active Users on Arbitrum: 161,587

New Active Users on Arbitrum: 32,837, with a daily increase of 37.07%

Existing Active Users on Arbitrum: 128,750, with a daily increase of 12.82%

5.1.2 New User Profile

Core data: There were a total of 32,837 new active users on Arbitrum yesterday, with a daily increase of 37.07%

Popular Sectors

Popular Projects

Orbiter Finance (DApp) - On January 11, the cross-chain bridge project Orbiter Finance announced on X that it will launch its native token this year to thank its loyal community. The project will gradually unveil the tokenomics and distribution plan, ensuring a fair process. The O-Points program will play a crucial role in establishing airdrop rules.

5.1.3 Existing User Profile

Core data: The number of Arbitrum active existing users is 128,750, with a daily increase of 12.82%

Popular Sectors

Popular Projects

XAI (Token) - XAI is a Layer 3 gaming chain, developed with direct support and assistance from Offchain Labs, the team behind Arbitrum. It has been listed on multiple renowned CEXs after launching on Binance Launchpool. The token price has seen a significant increase over two consecutive days, doubling its value to surpass the $1 mark.

5.2 Popular Trading Pairs

5.2.1 Uniswap V3

XAI was described earlier in the report.

6.Blockchain Profile - Base Chain

6.1 User Profile

6.1.1 Core Data

Total Active Users on Base: 77,426

New Active Users on Base: 10,581, with a daily increase of 31.25%

Existing Active Users on Base: 66,845, with a daily increase of 27.58%

6.1.2 New User Profile

Core data: There were a total of 10,581 new active users on Base yesterday, with a daily increase of 31.25%

Popular Sectors

Popular Projects

Merkly (DApp) - Merkly is a multifunctional omnichain platform, aiming to simplify bridging through the groundbreaking technology of LayerZero. The purpose of the refuel contract is to provide gas fees for chains without gas by using a swap and cross-chain method.

6.1.3 Existing User Profile

Core data: The number of Base active existing users is 66,845, with a daily increase of 27.58%

Popular Sectors

Popular Projects

Dmail (DApp) - Dmail is a mail application based on Web 3.0 and Dfinity technology, integrating NFT functionality and distributed storage, with each account itself being an NFT. This project aims to bridge the gap between traditional email systems and blockchain-based email systems, thereby lowering the barrier for users and developers to engage with the crypto world. The design philosophy of Dmail is to make the use of blockchain technology as simple and intuitive as using the internet.

7. DApp Ecosystem - All Chains

QnA3 and Dmail were described earlier in the report.

8.DApp Ecosystem - ETH Chain

BLUR (Token) - The upcoming launch of the Blast testnet is driving an increase in the value of the BLUR token. According to blockchain analyst Yu Jin's monitoring, 49.46 million BLUR tokens (worth $32.29 million) were unlocked and transferred to the 0x0A0 multi-signature address half an hour ago, and then from there to Coinbase Prime. A significant number of tokens are set to be unlocked this month, which is expected to boost the price.

9.DApp Ecosystem - BSC

StarryNift (DApp) - StarryNift is a co-creation metaverse platform where users can play, create, and socialize. The project aims to expand Metaverse Horizons through innovative and diverse use cases to accelerate the adoption of Web3. The project team announced its tokenomics last December and plans to issue its token.

10.DApp Ecosystem - Polygon Chain

Smart Cats by SmartLayer was described earlier in the report.

11.DApp Ecosystem - Solana Chain

Jupiter (DApp) - Meow, the co-founder of Jupiter, a Solana ecosystem trade aggregator, announced via Twitter that the protocol token JUP will be launched at 10 PM on January 31 (UTC+8). Before the launch of JUP, the team plans to test the new launch platform and complete the final version of the JUPITER whitepaper.

12.DApp Ecosystem - Arbitrum Chain

xPet (DApp) - XPET is a project on the Arbitrum chain that combines SocialFi and GameFi, requiring players to feed, accompany, and ensure the survival of their pets, thereby helping them earn token rewards. Recently, xPet integrated with OKX Wallet, enabling users to directly access the xPet game through the OKX Wallet app. Additionally, xPet's PvP mode is set to be launched soon.

13.DApp Ecosystem - Base Chain

Dmail was described earlier in the report.

14.DApp Ecosystem - GameFi Sector Across All Chains

Pixels (DApp) - Pixels is a blockchain-based, immersive, open-world MMO game. It leverages the power of Web3 to realize digital ownership for players and has created an engaging world where players can explore, complete tasks, and collaborate. Initially launched with core mechanics focused on farming, cooking, and questing, Pixels has gradually incorporated social features like trading, achievements, and leaderboards to foster interaction among players.

15.Gas Fee Consumption - ETH Chain

Memecoin (DApp) - Recently, it launched a farming reward certification promotion, requiring users to hold at least 69 $MEME tokens in their wallets to pass the human verification test. This has resulted in numerous on-chain transfers, showing a strong community interest in claiming farming rewards.

16.Gas Fee Consumption - BSC

Seg Finance (DApp) - A Play2Earn project on the BSC, where users can stake their shoe NFTs or provide liquidity to earn passive BNB profits. The project is now open source, and its contract on the BSC is transparent. It has over 1500 followers on Twitter and is an essential project to stay updated on.

17.Gas Fee Consumption - Polygon Chain

CoinTool (DApp) - A renowned on-chain toolbox extensively utilized on the Polygon Network. Its XEN Batch Minter feature assists users in batch-minting XEN tokens.

18.Gas Fee Consumption - Arbitrum Chain

Vertex (DApp) - Vertex is a decentralized exchange (DEX) protocol based on Arbitrum, offering cross-margin trading services. It integrates spot, perpetual contracts, and money markets into one application. It is currently the most active derivatives platform on Arbitrum.

19.Gas Fee Consumption - Base Chain

Aerodrome Finance (DApp) - Aerodrome is an emerging automated market maker (AMM) protocol aimed to become the central liquidity hub for Coinbase's Layer 2 chain, Base. The aerodrome's design is inspired by the Velodrome V2 model to incentivize liquidity on the protocol. Despite past collaborations, Aerodrome operates independently of Velodrome. AERO, Aerodrome's utility and governance token, allows holders to lock their tokens and receive veAERO NFTs and voting power based on the lock-up period.

20.Top Trending Tokens on Twitter

No data for this segment today due to anomalies in the data source.

21.Google Trends - Global

MANTA (Token) - Manta Network announced on social media that the Into the Blue airdrop will be available to claim starting on January 18. According to L2beat data, Manta Pacific's TVL has seen a 7-day increase of 11.21%, currently standing at approximately $841 million.

22.Google Trends Surge - East Asia, South Asia, Southeast Asia, Hong Kong, Macau, and Taiwan

a) South Asia Region

India Trends: ada, manta, xen, ice

Pakistan Trends: luna, icp

b) Southeast Asia Region

Malaysia Trends: kgf, coinex

Philippines Trends: ice, crypto scam, tia, xen

Singapore Trends: olas, tron, gemini, mara stock

Indonesia Trends: rwa coin, polygon

c) East Asia

Trends: cosmos, celestia

23.Google Trends Surge - English-speaking Countries, Europe, CIS Region

a) CIS Region

Trends: notcoin, binance, theta, arkham, trx, manta

b) English-speaking Countries

USA Trends: wynn, sync, nomad, flare

Australia Trends: velo, cel, xai

Canada Trends: hbar, inj, flare, manta

UK Trends: ada, sui, flare

c) Europe

Poland Trends: xai, shib, xen, manta, atom

France Trends: oxo, celo, flare, uco

Switzerland Trends: bonk, icp, ether

Turkey Trends: gala, nft crypto, crypto panic, altcoin dominance

Germany Trends: btc, kas, vra, tia

Italy Trends: manta, chz, shib, flare

Spain Trends: xai, solana, atom

24.Google Trends Surge - Middle East, Latin America, Africa

a) Africa

Morocco Trends: arb, solana, manta

South Africa Trends: cel, btc, eth

b) Middle East

UAE Trends: xai, metamask, coinmarketcap

Saudi Arabia Trends: ice, luna, binance

c) Latin America

Brazil Trends: sdao, pendle, vector

Argentina Trends: tron, wise, polkadot

Reference Links

Dune On-Chain Data Dashboard - Blockchain Profile: https://dune.com/bitgetresearch/bitgetreseach-chains-overview

Dune On-Chain Data Dashboard - Gas Consumption: https://dune.com/bitgetresearch/gas-overview